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New Member
posted Apr 12, 2024 1:54:49 PM

Does TurboTax automatically convert US dollar T5 slips?

Does one has to convert B24, B25, B26   to Canadian currency

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1 Replies
Intuit Alumni
Apr 12, 2024 2:00:04 PM

Yes. If amounts on your T5 tax slip are shown in a foreign currency, you’ll need to convert those amounts to Canadian dollars (CAD) before including them on your tax return.

 

If you need to find an exchange rate, you can find one on the Bank of Canada website, found here: Exchange rates

 

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